Card only sales.

[ShootingEgg]

Crazy really when they have said for a long time now that it's transmitted by air particals not touch. And that cash sat in cash machines is probably cleaner that pressing buttons on a pin pad . Not everything costs under 45£ or £100 for card contactless

[armsid]

this area is not completely covered to even use mobile phone and there have been a few outages in local shops and no one could pay for goods for afew hours  i use cash as i do not like my details being given to strangers and until the system is totally secure will continue to do so How would you get paid at a car boot? or in a market  If the business refuses cash i go elsewhere

[Vince Green]

4 hours ago, Scully said:

Last time I was in London ( three years ago or thereabouts ) I just used my debit card for tube and bus. I’m assuming Oyster cards are no more? 

Oyster cards are still around but all they are is a prepaid debit card in any case. More and more Londoners just tap their debit cards and bypass the need for the oyster. 

However, critics say oyster missed a huge business opportunity, beyond huge, a massive  business opportunity. If they had become a "spend anywhere" prepaid debit card so you could use it to buy your newspaper, your coffee, your lunch, your  etc as well as your bus fare. There was absolutely no competition and London had thousands, millions even, of Eastern Europeans who were all paid cash in hand and who woiuld have loved to preload their cash onto a card for safe keeping to avoid the risk of getting it stolen because they did not have bank accounts.

They could have cascaded the scheme to other cities easily, It was already set up and running, it only needed to be cloned. Spread it far and wide.

But no, this is what happens when you leave the running of a scheme with so much potential to bone idle  Transport for London rubbish desk huggers who regarded the whole idea as too much like that disgusting  four letter word  WORK and an affront to their socialist vision of the future..  

Edited June 30, 2021 by Vince Green

[Guest cookoff013]

15 hours ago, Centrepin said:

I thought that cash was still legal tender.

I think barter still is also?

I prefer cash.

Anywhere that refuses cash I don't shop.

Too much tracking and personal information on cards.

 

They cant stop cash. 

When i was younger the banks tried to force a credit card on me. I had just turned 18, the bank asked me to attend a meeting. I couldnt because i worked. The bank then froze my current account and swallowed my debit card. After i had to have a meeting with the bank rep, i didnt want a credit card at 18 and earning "way" below minimum wage. The only way i could get my current account opened up is to accept a credit card. I had my card returned and issues a credit card, after leaving the bank my current account was re frozen. And i couldnt access my account. I needed money. I had to specificly apply for a pin number because they didnt issue them straight away. I ended up with 2 pin numbers. One after the other. I managed to get cash out of the machine.

This caused me problems. My current account still frozen and i couldnt pay my credit card bill, the bank wanted me to pay my credit card bill, using the same credit account. I had to get cash out with credit card to pay off its bill. i couldnt get paid from my job. I ended up being investigated for suspicious activity because my account was frozen multiple times. 

My brother helped me because the bank was being a pain in the ars e. I couldnt pay rent and my job was getting concerned because they couldnt pay me, if they couldnt pay me, they would issue a cheque and probably notice, because it was a problem.

My brother paid off my credit card bill.  Causing it to be frozen too. 

So when we went in to the bank together, to see the manager. Because i needed to pay him back. The bank couldnt work out the activity or the terrorist style activity that was being investigated. (Freezing of accounts for no apparent reason). I demanded my money because i said my brother is charging me more money than the bank (hundreds more) he pretended to be loanshark. 

After 2-3 months with a frozen accounts. My brother paid my bill. I cancelled that card as soon as it was paid. The bank unfroze my debit account and i closed it immediately. Causing them problems i took my money out as cash. 

It was severely troubling because i found it very hard to open an account anywhere. 4 months without account. 

[zipdog]

They can and will stop cash. Like it or not, cash is on its way out and by 2030 cash will be a thing of the past. 

For anyone not wanting transactions to go through a bank in the future, Bitcoin is the only saviour. 

[discobob]

1 hour ago, cookoff013 said:

They cant stop cash. 

When i was younger the banks tried to force a credit card on me. I had just turned 18, the bank asked me to attend a meeting. I couldnt because i worked. The bank then froze my current account and swallowed my debit card. After i had to have a meeting with the bank rep, i didnt want a credit card at 18 and earning "way" below minimum wage. The only way i could get my current account opened up is to accept a credit card. I had my card returned and issues a credit card, after leaving the bank my current account was re frozen. And i couldnt access my account. I needed money. I had to specificly apply for a pin number because they didnt issue them straight away. I ended up with 2 pin numbers. One after the other. I managed to get cash out of the machine.

This caused me problems. My current account still frozen and i couldnt pay my credit card bill, the bank wanted me to pay my credit card bill, using the same credit account. I had to get cash out with credit card to pay off its bill. i couldnt get paid from my job. I ended up being investigated for suspicious activity because my account was frozen multiple times. 

My brother helped me because the bank was being a pain in the ars e. I couldnt pay rent and my job was getting concerned because they couldnt pay me, if they couldnt pay me, they would issue a cheque and probably notice, because it was a problem.

My brother paid off my credit card bill.  Causing it to be frozen too. 

So when we went in to the bank together, to see the manager. Because i needed to pay him back. The bank couldnt work out the activity or the terrorist style activity that was being investigated. (Freezing of accounts for no apparent reason). I demanded my money because i said my brother is charging me more money than the bank (hundreds more) he pretended to be loanshark. 

After 2-3 months with a frozen accounts. My brother paid my bill. I cancelled that card as soon as it was paid. The bank unfroze my debit account and i closed it immediately. Causing them problems i took my money out as cash. 

It was severely troubling because i found it very hard to open an account anywhere. 4 months without account. 

 

I have heard of these nightmare scenario's happening on quite a few occasions now to people. The trouble with a cashless society - if you don't have access to a bank account you end up outside of society and be it that may be caused by the bank withdrawing your access to your own account.

[scouser]

When cash is redundant, the government will know where every pound is,and who’s pocket it’s in, and tax it.

[discobob]

2 minutes ago, scouser said:

When cash is redundant, the government will know where every pound is,and who’s pocket it’s in, and tax it.

I heard of a plumber - he was investigated - his books were clean - they still did him though. His Tesco Clubcard points showed transactions for when there was no corresponding cash withdrawals or card payments from the bank - his cash jobs weren't going through the books and he was using the cash to live one

[JohnfromUK]

16 hours ago, WalkedUp said:

I often don’t even have a debit card and rely on my contactless Apple Pay.

Unfortunately, I find Apple Pay far too unreliable.  Roughly 10 to 20% of usages are 'rejected' for no apparent reason.  It is never clear what the transaction limits are, and I have gone back to plain debit card (chip and pin).  For reasons unknown, my bank doesn't offer contactless on debit (but OK on credit card).

[zipdog]

1 hour ago, discobob said:

 

I have heard of these nightmare scenario's happening on quite a few occasions now to people. The trouble with a cashless society - if you don't have access to a bank account you end up outside of society and be it that may be caused by the bank withdrawing your access to your own account.

Exactly why more people are accepting they need to hold some amount of Bitcoin. No matter how small. 

No bank can confiscate it or stop the transactions. 

[Guest cookoff013]

1 hour ago, discobob said:

I heard of a plumber - he was investigated - his books were clean - they still did him though. His Tesco Clubcard points showed transactions for when there was no corresponding cash withdrawals or card payments from the bank - his cash jobs weren't going through the books and he was using the cash to live one

Really?

Sounds odd. So .... Dont have clubcard? Because gubberment track tesco points?

[VicW]

There will be losers in a cashless society, One will be staff in restaurants and coffee shops etc. not getting tips because there is no loose change and the same applies to charity boxes by the side of tills. Another one will be taxi drivers who are suffering now, they take contactless card payments but passengers will not add anything for a tip.

Vic.

[Yellow Bear]

9 minutes ago, VicW said:

taxi drivers who are suffering now, they take contactless card payments but passengers will not add anything for a tip.

Sadly the drivers I have encountered over the last 10 years have been so obnoxious as to not deserve a tip.

[islandgun]

I wonder what will happen if hackers ever manage to cause our computers to fail. I guess anarchy, as our society is dependant on computers to function. no computers=  no food or money ............ no phones..🤪

 

Edited July 1, 2021 by islandgun

[henry d]

9 hours ago, zipdog said:

Exactly why more people are accepting they need to hold some amount of Bitcoin. No matter how small. 

No bank can confiscate it or stop the transactions. 

Are you the one sending me all those emails saying that I can cash in the 0.6524 bitcoins I have been given, as long as I give you the bank details?

[discobob]

21 hours ago, zipdog said:

Exactly why more people are accepting they need to hold some amount of Bitcoin. No matter how small. 

No bank can confiscate it or stop the transactions. 

but you still need somewhere to "land" your cash into when you want to cash in

[udderlyoffroad]

19 hours ago, Centrepin said:

Anywhere that refuses cash I don't shop.

Too much tracking and personal information on cards.

But of course you've turned your mobile phone off and put it in a faraday cage before you go out shopping?  Or better yet, left it at home?

Whilst the  "If you have nothing to hide, you have nothing to fear" line is usually total asinine nonsense; to me it is a case of pick your battles.

So 'they' know I do my weekly shop at a choice of one or 2 supermarkets, usually on a Thursday.  Big woop.

Most of my other spending is online for reasons general misanthropy, better choice and value and time saving.  So there's a 'paper trail' anyway.

 

17 hours ago, VicW said:

One will be staff in restaurants and coffee shops etc. not getting tips because there is no loose change and the same applies to charity boxes by the side of tills. Another one will be taxi drivers who are suffering now, they take contactless card payments but passengers will not add anything for a tip.

Huh?  Every 'service' transaction gives you the option to add a 'gratuity'.

Haven't taken a traditional taxi for quite a while, but Ubers (minicabs) always give you the option to add a tip.

 

[discobob]

31 minutes ago, udderlyoffroad said:

Huh?  Every 'service' transaction gives you the option to add a 'gratuity'.

Haven't taken a traditional taxi for quite a while, but Ubers (minicabs) always give you the option to add a tip.

buuuuuuuuut - in a restaurant - bill is £26 - throw £30 down and leave. Same with Taxi's - that'll be £7.90 Guv' . Hand a tenner - keep the change

You don't have to do anything more.

Tipping on the card means doing more steps - people are actually very lazy a majority of the time when it comes to things like this.

We pay by card when out for a meal - but always leave a cash tip (until they stop it that is) as a lot of places don't share all of that tip with the staff!

[39TDS]

On 30/06/2021 at 20:00, Stuarta said:

As a person who was self employed and did receive cash everyone assumed I fiddled my tax, it was usually local government and civil servants that wanted to pay me cash and not pay VAT on their bill. No chance, they paid the tax and I declared the cash. 

Police officers are high on that list too, in fact the higher the rank the higher on the list.

[udderlyoffroad]

59 minutes ago, discobob said:

Tipping on the card means doing more steps - people are actually very lazy a majority of the time when it comes to things like this.

Before you can enter your pin it will ask you if you wish to leave a 'gratuity' - you have to tap no to actually get to enter your pin.  Similar with contactless.

I was considerably less than impressed when having some food at a pub in Bristol on Wednesday, a service charge on a meal for 2 was automatically added.  But it was a date so I didn't make a fuss at the time, but I won't be going there again.

[Lord O War]

A cashless society is a society controlled by the powers that be.

In a crash intrest rates fall, as we are still seeing after 10 years, and most people stop spending due to uncertainty.  Lets say interest rates go negative, we now have 2 secnarios here:

1. cash society.

With negative rates you are paying the bank to hold your cash. Most folk would go thanks but no and invest in the under the matress bank. Gains you nothing but it's not costing you anything either. You have your money still and can use it as you wish.

 

2. Cashless society.

Negative rates are here.. ok I will take my money out, ooops cannot do that. Er another bank? nope neg there as well. So now you either have to spend it  or lose it in neg  interest rates. Plus every single transaction you ever make is now recorded. Solution here is precious metals and barter, Gold and silver are money that plastic funny money backed by a politicians promise is fiat currency and worth the same as a politicians promise. But then they know you have bought gold and silver so come knocking at your door when they do the gold confiscation, like they did in the USA in the 1930's. The solution to this is a boating accident and you lost all your precious metals when the boat sank.🤣

Don't be keen to get rid of something because it is a bit easier.

I'm off to re-apply tinfoil to my hat now. Them 5g waves man lol.

ps bitcoin isn't anonymous.

 

[discobob]

17 minutes ago, Lord O War said:

ps bitcoin isn't anonymous.

👍

 

18 minutes ago, Lord O War said:

I'm off to re-apply tinfoil to my hat now. Them 5g waves man lol.

I have large investments in tinfoil - good man!!!!!

 

Honestly though, I work in IT. I have for over 20 years - and it has gone from supporting the business - to being the business - to running the world. Don't forget the most valuable commodity in the world is now data.

There will come a time, soon, when you will figuratively cease to exist if you are not in the system. You will be like the Irish slaves in the USA that there used to be and lots of "actors" like to ignore" - worth nothing.

[nobbyathome]

On 30/06/2021 at 19:14, Centrepin said:

I'm just imaging the street beggars holding out card machines for you to swipe your "spare change"🤔

Do buskers take card now too?

Some of them already do have swipe machines for your card and it it handed around with the hat or pot for you to put your pin in and donate  I have seen beggars in Holborn central London at traffic lights with them as well  😳 happy swipe your card begging welcome to the new age 

[walshie]

Cash is King and will be for a long time to come. 

[Cosmicblue]

Cash is dying...the evidence is everywhere:

1) Banks are closing high street branches everywhere - here in Warwick which isn't exactly the back of beyond, 20 years ago we had branches of Barclays, Lloyds, Nat West, Sainsburys and the Coventry Building society, all with cashpoint terminals.   The Coventry and Sainsburys remain and the Natwest terminal is still there but not the bank two out of the five have gone....the local Tesco superstore had three machines and now has one.

2) Businesses have become less keen to hand cash since C19, and prefer contactless payments, lower infection risk.

3) Businesses that go cashless don't have to worry about till floats, having sufficient change, the security of staff taking money to bank, theft or bank charges for paying cheques in.

4) The final nail in the coffin will be a charge for using a cashpoint machine to withdraw cash - those machines are expensive, needs data comms and power as well as secure delivery service for the cash itself, all of which has to be paid for.